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The key market drivers include the country's focus on sustainability, shift towards bio-based HDPE products, and increasing demand from various end-use industries, such as the packaging and construction sectors. Several HDPE manufacturers are switching to bio-based raw material sources like sugarcane, corn, and biomass as environmental concerns and laws strengthen. HDPE made of bio-based materials emits fewer greenhouse gases. The United States high density polyethylene (HDPE) market revenue is anticipated to grow as a result of the transition to bio-based HDPE production.
The construction industry is another key driver of the HDPE market since it already holds a prominent place in the USA’s economy and is still on the rise. In 2023, total construction spending reached USD 1.98 trillion, which was a 7.4% increase from the previous year. This increased the demand for HDPE due to its durable and anti-corrosive properties that make it stronger than wood, other plastics, and some metals as well. Plastic pipes in the construction sector are gradually replacing traditional pipes composed of materials like steel and concrete, among others, because they are easier to install, less expensive, and offer greater performance. This is anticipated to greatly contribute to the growth of the United States high density polyethylene (HDPE) industry.
E-commerce platforms are constantly growing and require better packaging for the storage and delivery of the products. This positively influences the market because HDPE is commonly used in manufacturing packaging bottles due to its moisture-resistant nature, flexibility, and durability. Plastic also doesn’t react with chemicals, making it ideal for this growing industry.
United States High Density Polyethylene (HDPE) Market Size
United States High Density Polyethylene (HDPE) Market Growth
United States High Density Polyethylene (HDPE) Market Share
United States High Density Polyethylene (HDPE) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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It is estimated that the market reached approximately 13.89 million tons in 2023.
The high density polyethylene (HDPE) market in United States will presumably grow at a CAGR of 1.50% between 2024 and 2032.
The market is projected to reach a volume of 15.88 million tons by the year 2032.
A booming construction industry, growing use of HDPE in packaging industry and the surging applications of HDPE in food packaging applications are the major drivers of the market.
Rising demand for efficient piping solutions and a shift towards bio- based HDPE products are the key trends of the market.
Based on application, the market is divided into film and sheet, injection moulding, blow moulding, wire and cables, pipes and tubes, and others.
The key players in the market are Dow Inc., INEOS AG, Exxon Mobil Corporation, LyondellBasell Industries N.V., TotalEnergies SE, Chevron Phillips Chemical Company LLC, Saudi Basic Industries Corporation (SABIC), Lotte Chemical Corp., LG Corp., Borealis AG, Braskem S.A., and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124